From left, Michigan athletic director Dave Brandon, former AD Bill Martin and school president Mary Sue Coleman cut the ribbon at Michigan Stadium in 2010.

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Given its yearly surpluses, the Michigan athletic money machine is booking its faraway football games with big-time payout guarantees.

Michigan will pay $1.5 million to Central Florida for a 2016 matchup, $1.4 million to Southern Methodist for a 2018 matchup and the previously announced $1.3 million for Air Force in 2017. All three games are in Ann Arbor.